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Weak urban consumption a likely party pooper for Indian Hotels

New Delhi, Feb. 2 -- Following a blockbuster December quarter earnings (Q3FY23) performance, a slew of brokerages have revised higher their earnings estimates of Indian Hotels Company Ltd (IHCL). A s... Read More


Infrastructure sector takes the cake, yet again, with capex  bounty

Mumbai, Feb. 2 -- A higher-than-expected budgetary capital expenditure outlay was more than welcome. After all, the Centre's capex spend has been holding the fort as a meaningful revival in private ca... Read More


Orders brighten the day for L&T

New Delhi, Jan. 31 -- Larsen & Toubro Ltd's (L&T) profitability for the quarter ending December (Q3FY23) wasn't exciting enough. Consolidated Ebitda stood at Rs.5,073 crore, missing Street's estimates... Read More


Tier-2 IT cos could lose their mojo

New Delhi, Jan. 29 -- Information technology (IT) services companies were expected to report subdued earnings in the seasonally weak December quarter (Q3FY23). Still, midcap IT firms, which hogged the... Read More


Pidilite must get a fix on margins

New Delhi, Jan. 25 -- Fevicol-maker Pidilite Industries Ltd's bond with investors for its stock has weakened by an unfavourable combination of elevated input costs and subdued demand. The December qua... Read More


Dwindling fortunes: Is Pidilite losing its grip over investors?

New Delhi, Jan. 25 -- Fevicol-maker Pidilite Industries Ltd's bond with investors for its stock has weakened by an unfavourable combination of elevated input costs and subdued demand. The December qua... Read More


Deposits key to pvt banks' growth

New Delhi, Jan. 24 -- Large private sector banks that announced results in the past one week have sailed through the December quarter (Q3FY23) with ease. And why not? Strong systemic credit growth cou... Read More


UltraTech's tussle with sticky input costs overshadows volumes

New Delhi, Jan. 23 -- UltraTech Cement Ltd was the biggest loser among Nifty 50 companies on Monday, falling by more than 4%. Its struggle with cost inflation has likely kept investors edgy. Pan-India... Read More


Havells' near-term demand gloomy

New Delhi, Jan. 22 -- Havells India Ltd's financial results for the quarter ended December (Q3FY23) were encouraging on some counts. However, that failed to enthuse investors in the stock. Shares of t... Read More


Gloomy near-term prospects for Havells

New Delhi, Jan. 22 -- Havells India Ltd's financial results for the quarter ended December (Q3FY23) were encouraging on some counts. However, that failed to enthuse investors in the stock. Shares of t... Read More